Add to favourites
News Local and Global in your language
14th of December 2018

Celebrities



Netflix Canada plans another price increase, the biggest yet

Netflix Canada will increase prices for their basic, standard and premium plans.

The company behind shows like Narcos, House of Cards and The Crown, says it will adjust pricing as competition among video streaming services across the country.

Story continues below

READ MORE: ‘Narcos — Mexico’ star Michael Peña opens up about unfortunate death of location scout for series

The standard plan (which allows users to watch content on two screens) will rise by $3 to $13.99 a month, while the premium plan (which allows up to four users) will rise by $3 a month to $16.99, the biggest price increase yet.

The company’s basic plan will go up by $1 to $9.99 a month, which allows one stream and no ultra-high definition 4K video options.

In a statement from Netflix Canada to Global News, the company said it plans on adding more exclusive entertainment down the road.

“From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster.”

WATCH: Netflix looking at mobile-only subscriptions

Netflix said the new prices are effective immediately for new subscribers while existing ones will be notified by email before they see changes on their bill.

The company last raised their prices a year and a half ago.

Netflix is one of several companies trying to take hold of the online streaming service market. Earlier this month, Bell Media offered users a new tier of its Crave streaming service, which included shows from HBO. In 2019, Disney will offer its own streaming platform called Disney+.

Meanwhile companies like Hulu, Amazon Prime and HBO TV already clutter the market.

— More to come

With files from The Canadian Press

arti.patel@globalnews.caFollow @ArtiPatel

Read More




Leave A Comment

More News

Global News : Entertainment

Arts & Entertainment -

Entertainment - The

CBC | Arts News

Top Entertainment stories

TORONTO STAR | ENTERTAINMENT

Disclaimer and Notice:WorldProNews.com is not the owner of these news or any information published on this site.